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20121222
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Search Results 0 to 5 of about 6 (some duplicates have been removed)
a great night. lou: good evening, everybody. obama administration's collectible middle east policy. egypt right now on the grip of the worst political crisis since the fall of the president two years ago. and in syria, increasingly desperate measures to counter an insurgency that is slowly but surely pushing closer to control of the capital city of damascus. we will take all that up there with the fox news military analyst, new intelligence report that concludes america's time as the lone superpower is nearing an end. john negroponte joins us to discuss our nation's future as a superpower and the challenges we surely face. and president obama ignoring immigration reform in the first term only a matter of time before he makes new proposals should republican party takes the lead on the issue. when will it be enough to lure latino voters in that is their purpose. egypt is worsening. clinical crisis shows no signs of easing as the new muslim brotherhood leadership tries to silence opposition. so far the obama administration is trying to play both sides respecting the countries efforts at demo
. dennis: president obama and house speaker boehner have not spoken since friday with time running out to avoid going over the fiscal cliff. dagen: with the president and congress on a christmas break, will they miss their year end deadline? peter barnes? peter: just got a note from one of the speaker's spokes people he said the speaker and the president have not spoken since that phone call on friday. all eyes are now on the senate when it returns on thursday to try to get a deal to avoid the fiscal cliff. this past friday before the president left for his family vacation in hawaii, he proposed a limited measure to avoid all of the cliff when speaker boehner scuttled his plan b, the president wants to extend the bush tax cuts now for the middle class and try to avoid some of these deep spending cuts on january 1st. a white house spokesperson says today that staff discussions continue between the administration and the hill. in july you may recall the senate democrats passed an extension of the middle class tax cuts if r a year at a -- for a year at a cost of 157 billion. that bill als
's working very well, at least today for the stock. thank you, nicole. well, president obama has always promised not to raise taxes on the middle class, but if he can't reach a deal with republicans in the next seven days, that's exactly what will happen and adam shapiro, i've got to tell you, looking at the numbers, if the president gets every penny from the so-called rich that he wants to get, that would still only be 1/8 of the money that he needs to balance the budget. >> in very simple terms, it's roughly 70 billion dollars is what it would raise, in a budget-- >> if the rates go up and another 20 billion, if you get rid of deductions, but he's increased spending 800 billion dollars a year. >> and to say that 70 to 80 billion in a budget that's 900 billion to a tral over budget. so doesn't add up. where does the other 930, 920 billion where is it going to come from? >> which is why, shibani, a lot of people say, maybe he wants to go over the fiscal cliff because he cares about maintaining that level of spending. he doesn't want to decrease spending, he wants to keep it where it is
? will they go a few more weeks? president obama feeling strong hand he can browbeat the republicans and make them crawling back is what i think he can do right now? it in terms of the revenue even if he got his way it is five cents on the dollar. david: we'll talk about that in a second. i want to squeeze you on this there are a lot of economists who say yes, if all taxes go up no doubt we'll go into recession. >> right. david: there will be less spending. producers have less money to hire people. everybody will keep all their money in their pockets. >> short term you overlook the damage done to the military about the so-called sequestration, that reduction in overall spending will have a little bit of good impact. but there is no question, we're following the path europe followed, japan followed, raising taxes in the face of wobbly economy. we haven't done anything like this on scale since early 1930's. david: even the president admitted not too long ago anything you want to do in slow economy or certainly in recession is raise tax rates. >> this is ideology. about income equality punishing
, president obama returning to d.c. this morning to pick up with the fiscal cliff talks which are still underway i guess. this morning as our guests have on about talking about, senator harry reid was the latest to say, we're headed right off that cliff. rich edson on capitol hill with the latest, rich. >> good afternoon, ashley. so the senate isn't working today. there was pressure on house republicans to bring house members back. they're doing that now. this according to republican source on a conference call. house majority leader eric cantor telling republican members they should be back on sunday evening to be prepared to work. though much like the senate they have nothing to vote on right now. it is a positive sign if congressional leaders reach some type of a deal the house and senate will be in town to get votes on the record, but still there is no deal worked out right now between top democrats and top republicans in washington. house republicans are calling on the senate to pass their various proposals dealing with the fiscal cliff. the senate majority leader says it is up to
Search Results 0 to 5 of about 6 (some duplicates have been removed)

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